Marlowe (LON:MRL) Stock Passes Below 50-Day Moving Average – What’s Next?

Shares of Marlowe plc (LON:MRLGet Free Report) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 330.53 ($4.26) and traded as low as GBX 323 ($4.17). Marlowe shares last traded at GBX 324 ($4.18), with a volume of 228,836 shares changing hands.

Marlowe Stock Performance

The stock has a market cap of £257.67 million, a price-to-earnings ratio of -29.95 and a beta of 0.44. The company has a debt-to-equity ratio of 58.99, a current ratio of 1.24 and a quick ratio of 0.80. The firm has a fifty day moving average of GBX 330.56 and a 200 day moving average of GBX 336.42.

About Marlowe

(Get Free Report)

Marlowe is a leader in business-critical services and software which assure regulatory compliance. The company was formed to create sustainable shareholder value through the acquisition and development of businesses that provide regulated safety and compliance services and software. It is focused on compliance software, eLearning, health & safety, employment law & HR compliance, fire safety & security, water & air hygiene and occupational health services – all of which are vital to the wellbeing of its customers operations and are invariably governed by regulation.

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